German retailer Lidl is further expanding its presence in Romania by opening three new stores, in Sibiu, Suceava, and Bascov (Pitesti), on January 30. This brings the total number of Lidl stores in the country to 368.
based on public data.
The German group announced that it achieved a consolidated turnover of over 22.4 billion RON (4.5 billion EUR) in Romania during 2023, representing an increase of 18% compared to 2022.
The group reported combined results for four companies: Lidl Discount, Lidl Romania SCS, Lidl Romania, and Lidl Imobiliare Romania Management SCS. Only one of them, Lidl Discount, operates the stores and is the largest in terms of sales.
Lidl is also the sixth largest importer in the local area, moving up to the sixth position in the ranking compiled by the National Institute of Statistics. In this overview, the German group ranks as the first among retailers, having held a position ranging from fourth to seventh in past years.
iulian@romania-insider.com
(Photo source: Lidl)
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